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431 Bramhall Avenue

Re/Max 1st Advantage Facilitates $1.02M Sale Of Multifamily Property In Jersey City
SOLDMultiFamily

Re/Max 1st Advantage Facilitates $1.02M Sale Of Multifamily Property In Jersey City

431 Bramhall Avenue

$1,021,000

Building Size

Asset Type

MultiFamily

Closing

Jan 29, 2024

AI

431 Bramhall Avenue in Jersey City is a multifamily property that was recently sold for $1,021,000. The transaction was facilitated by Lisa Campbell of Re/Max 1st Advantage, who represented the buyer, and Christopher Piechocki and Yuzhi Duan of Keller Williams City Life Jersey City Realty, who represented the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,021,000
  • Address: 431 Bramhall Avenue
  • Market: Jersey City

Lisa Campbell of Re/Max 1st Advantage played a crucial role as the buyer's representative in this deal, working diligently to ensure a successful transaction. On the other side, Christopher Piechocki and Yuzhi Duan, from Keller Williams City Life Jersey City Realty, represented the seller and effectively negotiated the terms of the sale.

Players

Christopher Piechocki

Keller Williams Realty

Broker

$4.3M

vol

3 deals

Broker

Jersey City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.54%

Cash-on-Cash

-4.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93